The World Bank announced that more than 600 thousand employees working in public companies surplus, stressing the need for partnership between the public and private sectors, describing the Iraqi economy as "central."
The World Bank representative, Yara Salem, said in a research paper presented during her participation in the third series of workshops organized in partnership between the Baghdad Economic Forum and the Secretariat General of the Council of Ministers, reviewed by the "Economy News" that the World Bank emphasizes the importance of partnership between the private sector and the public , Pointing to the challenges facing the role of public companies in the partnership between the public and private sectors.
And signals that the Iraqi economy is a central economy and suffer from public companies in the cost of production is high and surplus in the workforce more than 600 thousand employees, about 60 percent of the surplus, as well as unemployment, which is a major problem in Iraq.
The existence of such proportions of the unemployed was seen as a major obstacle to reform and restructuring.
SOURCE
The World Bank representative, Yara Salem, said in a research paper presented during her participation in the third series of workshops organized in partnership between the Baghdad Economic Forum and the Secretariat General of the Council of Ministers, reviewed by the "Economy News" that the World Bank emphasizes the importance of partnership between the private sector and the public , Pointing to the challenges facing the role of public companies in the partnership between the public and private sectors.
And signals that the Iraqi economy is a central economy and suffer from public companies in the cost of production is high and surplus in the workforce more than 600 thousand employees, about 60 percent of the surplus, as well as unemployment, which is a major problem in Iraq.
The existence of such proportions of the unemployed was seen as a major obstacle to reform and restructuring.
SOURCE